Read between the lines: India’s external debt isn’t as comfort-assuring as it may seem at first glance
When one looks at external debt, what matters is not just its quantum, but also its maturity profile. And here the news is not so good. At $11.6 billion, the increase in long-term debt (with original maturity of above one year) during 2025-26 is less than half the increase in overall debt, which suggests a worsening of the burden’s maturity profile.
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